{ "ticker": { "uuid": "694b815d-5dfd-465c-835c-b63ae32e30e3", "symbol": "001228", "name": "Yongtaiyun Chemical Logistics Co.,Ltd", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 81.339, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -42.543, "architecture_energy": 27.797, "architecture_maturity": 29.911, "architecture_confidence": 65.981, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 36.84, "rotation_up": 22.36, "upward_expansion": 9.9, "deceleration": 62.23, "rotation_down": 40.98, "downward_expansion": 68.9 }, "activity_lines": [ 26.996, 26.960474, 27.870408, 28.817414 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 27.41, "trend_reference": 29.70544, "distance_from_trend": -0.077273, "trend_direction": "Improving", "fair_value": 25.527642, "distance_from_fair_value": 0.073738, "fair_value_direction": "Weakening", "relative_strength": -4.632278, "relative_strength_direction": "Improving", "price_momentum": -0.113519, "excess_performance": -0.120919, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.077273, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.002013, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.073738, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.095583, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.046323, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.021528, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.113519, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.585374, "read": "Supply-led" } ], "volume": { "latest": 4616900, "relative_activity": 0.744088, "balance": 0.585374, "dry_up": 0.969277, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.094849, "annualized_volatility": 0.394863, "from_high_reference": -0.220864, "from_low_reference": 0.200284 }, "levels": { "trend_reference": 29.70544, "fair_value_reference": 25.527642, "structural_low": 24.6, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.050663, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.027543, "regime_survival": 0.8, "best_return": 0.170318, "worst_return": -0.164984, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.005097, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.080525, "regime_survival": 0.5, "best_return": 0.087982, "worst_return": -0.272277, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.111509, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.156456, "regime_survival": 0.0, "best_return": -0.014767, "worst_return": -0.208251, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.24184, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.32032, "regime_survival": 0.0, "best_return": -0.24184, "worst_return": -0.24184, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-22", "tenure": "Developing", "return": 0.070839, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-29", "end": "2024-12-20", "tenure": "New", "return": -0.122758, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.100603, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-05-30", "tenure": "Established", "return": 0.140671, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-09-05", "tenure": "Established", "return": 0.013927, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-10-31", "tenure": "Developing", "return": 0.134197, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": -0.064796, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": 0.140791, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-04-03", "tenure": "Developing", "return": -0.019922, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-04-17", "tenure": "New", "return": -0.007325, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": -0.017666, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": -0.125778, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-12", "end": "2026-07-10", "tenure": "Developing", "return": 0.014432, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.015185, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 38.39159, "volume": 8149687, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-04", "close": 37.158619, "volume": 4539374, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 36.142117, "volume": 2907810, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 36.480949, "volume": 3217606, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 33.403225, "volume": 3295463, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 34.918556, "volume": 2685177, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 35.530338, "volume": 2155647, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 34.607964, "volume": 1910675, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 34.071476, "volume": 2211544, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 35.304447, "volume": 1886047, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 34.353836, "volume": 2228711, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 32.763206, "volume": 1663063, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 33.149097, "volume": 2604437, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 32.584381, "volume": 6601231, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 32.819679, "volume": 4254162, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 33.365578, "volume": 6384958, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 32.320847, "volume": 3683994, "typical_volume": 4040614.15, "trend": 35.681321, "fair_value": 44.747051, "relative_strength": -12.625087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.523634, "energy": 45.428923, "activity_lines": [ 32.789563, 33.144309, 34.047543, 34.73349 ] }, { "date": "2023-12-01", "close": 32.405552, "volume": 3240780, "typical_volume": 3957469.95, "trend": 35.483004, "fair_value": 44.594687, "relative_strength": -10.82054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.759782, "energy": 44.072283, "activity_lines": [ 32.642108, 32.939127, 33.806955, 34.52215 ] }, { "date": "2023-12-08", "close": 30.466677, "volume": 2879541, "typical_volume": 3911398.55, "trend": 35.247778, "fair_value": 44.422394, "relative_strength": -14.126978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.033678, "energy": 59.494396, "activity_lines": [ 31.897931, 32.421467, 33.400625, 34.198516 ] }, { "date": "2023-12-15", "close": 30.184319, "volume": 1984300, "typical_volume": 3424210.35, "trend": 34.900361, "fair_value": 44.250851, "relative_strength": -12.961774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.143744, "energy": 75.005318, "activity_lines": [ 31.200815, 31.91801, 32.992726, 33.871841 ] }, { "date": "2023-12-22", "close": 30.20314, "volume": 5054615, "typical_volume": 3269456.75, "trend": 34.670081, "fair_value": 44.083617, "relative_strength": -10.773988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.943797, "energy": 75.350724, "activity_lines": [ 30.685664, 31.511069, 32.629109, 33.568795 ] }, { "date": "2023-12-29", "close": 29.949015, "volume": 3469352, "typical_volume": 3215955.65, "trend": 34.443251, "fair_value": 43.917327, "relative_strength": -13.794839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.312768, "energy": 77.519228, "activity_lines": [ 30.296633, 31.13339, 32.280282, 33.26421 ] }, { "date": "2024-01-05", "close": 29.196058, "volume": 1812683, "typical_volume": 3161199.3, "trend": 34.165597, "fair_value": 43.74615, "relative_strength": -11.79905, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.985901, "energy": 77.484463, "activity_lines": [ 29.814739, 30.669977, 31.894076, 32.925681 ] }, { "date": "2024-01-12", "close": 28.631336, "volume": 2081800, "typical_volume": 3104409.0, "trend": 33.905198, "fair_value": 43.572416, "relative_strength": -11.875042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.280346, "energy": 74.229073, "activity_lines": [ 29.35857, 30.175761, 31.487163, 32.568632 ] }, { "date": "2024-01-19", "close": 27.040703, "volume": 2316955, "typical_volume": 3055483.6, "trend": 33.590209, "fair_value": 43.384556, "relative_strength": -14.30367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.621084, "energy": 82.841562, "activity_lines": [ 28.494547, 29.464213, 30.966141, 32.125761 ] }, { "date": "2024-01-26", "close": 26.184212, "volume": 4995703, "typical_volume": 3171009.9, "trend": 33.302202, "fair_value": 43.191293, "relative_strength": -16.170947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.125215, "energy": 87.182097, "activity_lines": [ 27.554601, 28.702011, 30.393846, 31.647955 ] }, { "date": "2024-02-02", "close": 21.205257, "volume": 4644475, "typical_volume": 3295451.3, "trend": 32.803365, "fair_value": 42.947004, "relative_strength": -25.371501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.533327, "energy": 96.726625, "activity_lines": [ 25.222931, 27.165115, 29.388957, 30.867507 ] }, { "date": "2024-02-09", "close": 19.671103, "volume": 5758690, "typical_volume": 3487852.05, "trend": 32.246488, "fair_value": 42.691225, "relative_strength": -35.911505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.217985, "energy": 97.200481, "activity_lines": [ 22.962795, 25.551383, 28.306173, 30.020264 ] }, { "date": "2024-02-23", "close": 22.579412, "volume": 10032190, "typical_volume": 3878884.35, "trend": 31.80632, "fair_value": 42.472618, "relative_strength": -27.489497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.264834, "energy": 87.78471, "activity_lines": [ 22.307091, 24.69797, 27.571498, 29.396582 ] }, { "date": "2024-03-01", "close": 23.520613, "volume": 11925304, "typical_volume": 4380847.2, "trend": 31.286777, "fair_value": 42.268833, "relative_strength": -26.542198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.701321, "energy": 83.028451, "activity_lines": [ 22.368583, 24.15909, 26.981186, 28.86202 ] }, { "date": "2024-03-08", "close": 22.927658, "volume": 4001843, "typical_volume": 4469503.8, "trend": 30.771312, "fair_value": 42.063076, "relative_strength": -27.016094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.537208, "energy": 65.123314, "activity_lines": [ 22.467096, 23.633558, 26.390515, 28.322722 ] }, { "date": "2024-03-15", "close": 24.085335, "volume": 8453913, "typical_volume": 4809046.3, "trend": 30.335536, "fair_value": 41.873837, "relative_strength": -24.424194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.890417, "energy": 54.16579, "activity_lines": [ 23.168605, 23.450794, 25.964509, 27.891369 ] }, { "date": "2024-03-22", "close": 23.878271, "volume": 4495080, "typical_volume": 4903578.45, "trend": 29.926741, "fair_value": 41.686383, "relative_strength": -23.858233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.665221, "energy": 42.432165, "activity_lines": [ 23.609087, 23.336994, 25.560107, 27.474771 ] }, { "date": "2024-03-29", "close": 23.586498, "volume": 4048547, "typical_volume": 4775944.25, "trend": 29.496926, "fair_value": 41.499786, "relative_strength": -22.705517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.235566, "energy": 39.466912, "activity_lines": [ 23.671834, 23.266832, 25.172063, 27.065723 ] }, { "date": "2024-04-05", "close": 25.403017, "volume": 4823179, "typical_volume": 4804395.1, "trend": 29.230253, "fair_value": 41.335534, "relative_strength": -17.397927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.644003, "energy": 29.070011, "activity_lines": [ 24.272948, 23.61867, 24.999868, 26.8016 ] }, { "date": "2024-04-12", "close": 25.83597, "volume": 6531952, "typical_volume": 4811744.8, "trend": 28.9275, "fair_value": 41.178972, "relative_strength": -12.458882, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.051236, "energy": 21.176117, "activity_lines": [ 24.892886, 24.079003, 24.904224, 26.582614 ] }, { "date": "2024-04-19", "close": 22.767654, "volume": 10540315, "typical_volume": 5154560.85, "trend": 28.502077, "fair_value": 40.994859, "relative_strength": -22.621113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.553751, "energy": 26.528119, "activity_lines": [ 24.296165, 23.987793, 24.552215, 26.185205 ] }, { "date": "2024-04-26", "close": 22.494705, "volume": 4259316, "typical_volume": 5205487.65, "trend": 28.098302, "fair_value": 40.811689, "relative_strength": -24.34259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.104362, "energy": 32.361323, "activity_lines": [ 23.696306, 23.818547, 24.219702, 25.797632 ] }, { "date": "2024-05-03", "close": 23.624144, "volume": 2593912, "typical_volume": 5191206.2, "trend": 27.750057, "fair_value": 40.643184, "relative_strength": -21.066617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.422302, "energy": 31.814758, "activity_lines": [ 23.565164, 23.803317, 24.04195, 25.508977 ] }, { "date": "2024-05-10", "close": 26.212448, "volume": 13043670, "typical_volume": 5744174.7, "trend": 27.446991, "fair_value": 40.50308, "relative_strength": -13.347818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.658745, "energy": 18.414312, "activity_lines": [ 24.294281, 24.239691, 24.143286, 25.409776 ] }, { "date": "2024-05-17", "close": 26.645401, "volume": 15087198, "typical_volume": 6245803.85, "trend": 27.190043, "fair_value": 40.369833, "relative_strength": -11.383248, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.697457, "energy": 6.865144, "activity_lines": [ 25.113753, 24.705843, 24.304769, 25.358061 ] }, { "date": "2024-05-24", "close": 25.878288, "volume": 8317227, "typical_volume": 6488197.6, "trend": 26.960546, "fair_value": 40.231818, "relative_strength": -10.8106, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.792951, "energy": 15.11182, "activity_lines": [ 25.623559, 24.964923, 24.410135, 25.273432 ] }, { "date": "2024-05-31", "close": 25.590004, "volume": 6456205, "typical_volume": 6720373.7, "trend": 26.708576, "fair_value": 40.093688, "relative_strength": -10.895839, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.58124, "energy": 17.551847, "activity_lines": [ 25.829894, 25.13899, 24.50743, 25.18501 ] }, { "date": "2024-06-07", "close": 23.351, "volume": 5340234, "typical_volume": 6883295.4, "trend": 26.400796, "fair_value": 39.937214, "relative_strength": -17.298389, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.082183, "energy": 13.246486, "activity_lines": [ 25.083542, 24.874842, 24.408659, 24.968392 ] }, { "date": "2024-06-14", "close": 22.928185, "volume": 2281247, "typical_volume": 6881510.0, "trend": 26.07108, "fair_value": 39.779723, "relative_strength": -18.284678, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.093324, "energy": 21.384518, "activity_lines": [ 24.214461, 24.5381, 24.294764, 24.744352 ] }, { "date": "2024-06-21", "close": 21.371449, "volume": 3470930, "typical_volume": 6805271.35, "trend": 25.671276, "fair_value": 39.61084, "relative_strength": -21.752678, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.424228, "energy": 42.303069, "activity_lines": [ 23.045419, 23.963313, 24.052191, 24.44115 ] }, { "date": "2024-06-28", "close": 20.256752, "volume": 5922964, "typical_volume": 6869195.8, "trend": 25.269139, "fair_value": 39.434894, "relative_strength": -23.564659, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.835191, "energy": 62.660812, "activity_lines": [ 21.856408, 23.267026, 23.726375, 24.091826 ] }, { "date": "2024-07-05", "close": 19.459166, "volume": 4516517, "typical_volume": 6807087.15, "trend": 24.837593, "fair_value": 39.254932, "relative_strength": -24.841241, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.509816, "energy": 75.274055, "activity_lines": [ 20.776304, 22.471377, 23.329115, 23.716989 ] }, { "date": "2024-07-12", "close": 19.699402, "volume": 9385000, "typical_volume": 6774727.65, "trend": 24.478684, "fair_value": 39.080329, "relative_strength": -24.762817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.662241, "energy": 75.410971, "activity_lines": [ 20.185001, 21.774598, 22.955744, 23.385493 ] }, { "date": "2024-07-19", "close": 18.152277, "volume": 8728800, "typical_volume": 6614902.45, "trend": 24.077616, "fair_value": 38.895125, "relative_strength": -30.465651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.843609, "energy": 81.271931, "activity_lines": [ 19.32143, 20.867883, 22.448742, 22.977338 ] }, { "date": "2024-07-26", "close": 18.11384, "volume": 5404689, "typical_volume": 6685044.75, "trend": 23.674639, "fair_value": 38.712833, "relative_strength": -27.60971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.421166, "energy": 79.412015, "activity_lines": [ 18.76344, 20.100728, 21.963643, 22.592578 ] }, { "date": "2024-08-02", "close": 18.392515, "volume": 4088800, "typical_volume": 6466789.1, "trend": 23.289422, "fair_value": 38.536135, "relative_strength": -25.3979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.850204, "energy": 73.299557, "activity_lines": [ 18.515516, 19.539361, 21.528007, 22.251796 ] }, { "date": "2024-08-09", "close": 17.912043, "volume": 3743200, "typical_volume": 6429195.1, "trend": 22.913289, "fair_value": 38.358341, "relative_strength": -25.302997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.803316, "energy": 76.703556, "activity_lines": [ 18.231717, 19.02674, 21.073721, 21.904868 ] }, { "date": "2024-08-16", "close": 17.518055, "volume": 2886700, "typical_volume": 6371102.75, "trend": 22.542846, "fair_value": 38.180219, "relative_strength": -25.960229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.808518, "energy": 79.883377, "activity_lines": [ 17.91973, 18.582084, 20.610323, 21.556788 ] }, { "date": "2024-08-23", "close": 16.461014, "volume": 2656764, "typical_volume": 6262782.0, "trend": 22.19019, "fair_value": 37.996158, "relative_strength": -28.352066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.165415, "energy": 85.330799, "activity_lines": [ 17.400819, 18.051292, 20.075151, 21.164412 ] }, { "date": "2024-08-30", "close": 16.912661, "volume": 4130414, "typical_volume": 6142705.1, "trend": 21.881138, "fair_value": 37.818985, "relative_strength": -27.125076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.565084, "energy": 84.80007, "activity_lines": [ 17.145208, 17.720203, 19.625574, 20.823927 ] }, { "date": "2024-09-06", "close": 16.941486, "volume": 8184600, "typical_volume": 6024919.35, "trend": 21.739012, "fair_value": 37.645006, "relative_strength": -24.411597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.797653, "energy": 84.15296, "activity_lines": [ 16.979285, 17.475424, 19.221235, 20.505239 ] }, { "date": "2024-09-13", "close": 15.903663, "volume": 4447267, "typical_volume": 6034316.9, "trend": 21.613431, "fair_value": 37.465326, "relative_strength": -27.04905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.865956, "energy": 84.659051, "activity_lines": [ 16.564155, 17.102227, 18.745799, 20.128765 ] }, { "date": "2024-09-20", "close": 16.739687, "volume": 3295268, "typical_volume": 6069384.7, "trend": 21.418773, "fair_value": 37.295443, "relative_strength": -23.33862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.75222, "energy": 66.754379, "activity_lines": [ 16.561592, 16.94568, 18.38137, 19.81433 ] }, { "date": "2024-09-27", "close": 19.017132, "volume": 10286104, "typical_volume": 5931506.4, "trend": 21.268657, "fair_value": 37.146839, "relative_strength": -25.336632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.88618, "energy": 44.63285, "activity_lines": [ 17.370069, 17.257027, 18.266624, 19.659385 ] }, { "date": "2024-10-04", "close": 20.679569, "volume": 3795708, "typical_volume": 5366931.9, "trend": 21.193721, "fair_value": 37.014039, "relative_strength": -25.89872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.806153, "energy": 19.157339, "activity_lines": [ 18.562283, 17.85491, 18.344468, 19.62138 ] }, { "date": "2024-10-11", "close": 19.103615, "volume": 10287588, "typical_volume": 5465449.95, "trend": 21.027664, "fair_value": 36.870755, "relative_strength": -27.516581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.13125, "energy": 27.488147, "activity_lines": [ 18.978052, 18.119607, 18.300631, 19.486534 ] }, { "date": "2024-10-18", "close": 18.882599, "volume": 8008665, "typical_volume": 5543072.95, "trend": 20.861141, "fair_value": 36.727992, "relative_strength": -29.587763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.723185, "energy": 24.493268, "activity_lines": [ 19.176008, 18.33119, 18.268005, 19.348143 ] }, { "date": "2024-10-25", "close": 19.805109, "volume": 8210604, "typical_volume": 5686591.45, "trend": 20.735095, "fair_value": 36.594741, "relative_strength": -27.127389, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.672332, "energy": 20.469046, "activity_lines": [ 19.48287, 18.692856, 18.355176, 19.280012 ] }, { "date": "2024-11-01", "close": 19.132444, "volume": 7841000, "typical_volume": 5964579.1, "trend": 20.526076, "fair_value": 36.458317, "relative_strength": -27.646191, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.400034, "energy": 14.893407, "activity_lines": [ 19.36115, 18.890636, 18.39517, 19.176615 ] }, { "date": "2024-11-08", "close": 20.573864, "volume": 7546564, "typical_volume": 6168360.8, "trend": 20.350672, "fair_value": 36.335182, "relative_strength": -26.297662, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.790167, "energy": 16.742268, "activity_lines": [ 19.712216, 19.301921, 18.590517, 19.179698 ] }, { "date": "2024-11-15", "close": 19.93964, "volume": 8537201, "typical_volume": 6299072.65, "trend": 20.256405, "fair_value": 36.209062, "relative_strength": -24.99994, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.53803, "energy": 15.117458, "activity_lines": [ 19.85892, 19.531325, 18.729259, 19.15318 ] }, { "date": "2024-11-22", "close": 21.208088, "volume": 16268144, "typical_volume": 6886654.0, "trend": 20.213518, "fair_value": 36.094551, "relative_strength": -17.011622, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.385085, "energy": 28.110135, "activity_lines": [ 20.372706, 19.936844, 18.990316, 19.214579 ] }, { "date": "2024-11-29", "close": 24.504366, "volume": 30164442, "typical_volume": 7925626.1, "trend": 20.242859, "fair_value": 36.006746, "relative_strength": -4.947874, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 57.205544, "energy": 61.06132, "activity_lines": [ 21.830218, 20.845243, 19.556976, 19.491408 ] }, { "date": "2024-12-06", "close": 22.678013, "volume": 29956529, "typical_volume": 8987012.55, "trend": 20.125044, "fair_value": 35.90653, "relative_strength": -12.644413, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.223414, "energy": 55.976331, "activity_lines": [ 22.365662, 21.280401, 19.926817, 19.648514 ] }, { "date": "2024-12-13", "close": 22.345947, "volume": 17446794, "typical_volume": 9589117.8, "trend": 19.981729, "fair_value": 35.805332, "relative_strength": -12.523309, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.260907, "energy": 55.718809, "activity_lines": [ 22.554047, 21.588622, 20.243482, 19.791798 ] }, { "date": "2024-12-20", "close": 21.496256, "volume": 9783517, "typical_volume": 9873853.65, "trend": 19.835661, "fair_value": 35.699339, "relative_strength": -14.498894, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.159907, "energy": 54.500357, "activity_lines": [ 22.341062, 21.712056, 20.45907, 19.88951 ] }, { "date": "2024-12-27", "close": 21.066526, "volume": 5987077, "typical_volume": 9986047.5, "trend": 19.684879, "fair_value": 35.591745, "relative_strength": -15.41831, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.117894, "energy": 33.332118, "activity_lines": [ 21.881059, 21.713855, 20.618952, 19.96892 ] }, { "date": "2025-01-03", "close": 19.171808, "volume": 4146685, "typical_volume": 10049046.75, "trend": 19.545572, "fair_value": 35.471891, "relative_strength": -16.260375, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.608222, "energy": 15.959222, "activity_lines": [ 20.798921, 21.331452, 20.583364, 19.935819 ] }, { "date": "2025-01-10", "close": 18.947178, "volume": 5322430, "typical_volume": 10182330.05, "trend": 19.412872, "fair_value": 35.352147, "relative_strength": -15.495682, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 13.269228, "energy": 17.962113, "activity_lines": [ 19.997411, 20.919721, 20.518507, 19.897213 ] }, { "date": "2025-01-17", "close": 19.787104, "volume": 4043000, "typical_volume": 10177959.35, "trend": 19.360061, "fair_value": 35.240168, "relative_strength": -14.030663, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.594445, "energy": 21.793824, "activity_lines": [ 19.724598, 20.664073, 20.521804, 19.921357 ] }, { "date": "2025-01-24", "close": 20.353565, "volume": 3924615, "typical_volume": 9964960.1, "trend": 19.363288, "fair_value": 35.133835, "relative_strength": -11.875666, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.230343, "energy": 17.164059, "activity_lines": [ 19.811194, 20.525723, 20.565363, 19.985454 ] }, { "date": "2025-01-31", "close": 20.959093, "volume": 1422672, "typical_volume": 9813730.35, "trend": 19.413285, "fair_value": 35.033305, "relative_strength": -7.298316, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.767418, "energy": 13.025948, "activity_lines": [ 20.175813, 20.489942, 20.650342, 20.088409 ] }, { "date": "2025-02-07", "close": 20.841894, "volume": 6088412, "typical_volume": 9953387.55, "trend": 19.451368, "fair_value": 34.933366, "relative_strength": -10.968048, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.86787, "energy": 14.552567, "activity_lines": [ 20.508528, 20.43738, 20.700086, 20.180578 ] }, { "date": "2025-02-14", "close": 20.646563, "volume": 4756367, "typical_volume": 9676900.7, "trend": 19.534511, "fair_value": 34.833458, "relative_strength": -12.991762, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.070196, "energy": 17.544173, "activity_lines": [ 20.664794, 20.415894, 20.711693, 20.257687 ] }, { "date": "2025-02-21", "close": 21.08606, "volume": 4697372, "typical_volume": 9721983.9, "trend": 19.633585, "fair_value": 34.73799, "relative_strength": -12.660777, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.406104, "energy": 22.300027, "activity_lines": [ 20.854266, 20.511251, 20.757398, 20.357787 ] }, { "date": "2025-02-28", "close": 21.11536, "volume": 23013165, "typical_volume": 10358262.75, "trend": 19.724347, "fair_value": 34.644041, "relative_strength": -9.005505, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.668078, "energy": 25.48891, "activity_lines": [ 20.966907, 20.634843, 20.803957, 20.453385 ] }, { "date": "2025-03-07", "close": 21.39859, "volume": 9900405, "typical_volume": 10452849.75, "trend": 19.840565, "fair_value": 34.553318, "relative_strength": -9.384491, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.189676, "energy": 32.725548, "activity_lines": [ 21.123173, 20.816857, 20.867911, 20.561401 ] }, { "date": "2025-03-14", "close": 21.642756, "volume": 6591840, "typical_volume": 10371911.55, "trend": 19.978055, "fair_value": 34.465491, "relative_strength": -9.044926, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.798829, "energy": 44.454408, "activity_lines": [ 21.331527, 21.037227, 20.943138, 20.677671 ] }, { "date": "2025-03-21", "close": 21.779486, "volume": 6172948, "typical_volume": 10288508.95, "trend": 20.155337, "fair_value": 34.379775, "relative_strength": -5.596299, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.757838, "energy": 50.421263, "activity_lines": [ 21.532067, 21.23753, 21.022636, 20.793893 ] }, { "date": "2025-03-28", "close": 21.203259, "volume": 5671096, "typical_volume": 10194735.55, "trend": 20.298357, "fair_value": 34.291342, "relative_strength": -6.976223, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.71115, "energy": 41.294051, "activity_lines": [ 21.465003, 21.281569, 21.03465, 20.8615 ] }, { "date": "2025-04-04", "close": 21.525558, "volume": 5723006, "typical_volume": 10054025.8, "trend": 20.45116, "fair_value": 34.206237, "relative_strength": -2.852632, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.966936, "energy": 36.655873, "activity_lines": [ 21.497559, 21.358459, 21.074363, 20.940675 ] }, { "date": "2025-04-11", "close": 20.275433, "volume": 12762998, "typical_volume": 9878768.5, "trend": 20.596885, "fair_value": 34.11398, "relative_strength": -2.906523, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.613583, "energy": 10.760557, "activity_lines": [ 21.08606, 21.186745, 20.987464, 20.929338 ] }, { "date": "2025-04-18", "close": 21.750189, "volume": 31941319, "typical_volume": 9967612.35, "trend": 20.763902, "fair_value": 34.032639, "relative_strength": 4.936359, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.961682, "energy": 15.503647, "activity_lines": [ 21.241024, 21.295598, 21.045459, 21.003744 ] }, { "date": "2025-04-25", "close": 20.177767, "volume": 29495029, "typical_volume": 9944537.35, "trend": 20.80259, "fair_value": 33.942084, "relative_strength": -3.680038, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.265966, "energy": 10.569826, "activity_lines": [ 20.864684, 21.102042, 20.966814, 20.965929 ] }, { "date": "2025-05-02", "close": 21.046991, "volume": 9071041, "typical_volume": 9525749.7, "trend": 20.814837, "fair_value": 33.85835, "relative_strength": 0.955008, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.202273, "energy": 13.391987, "activity_lines": [ 20.884868, 21.07505, 20.982859, 20.981697 ] }, { "date": "2025-05-09", "close": 22.072485, "volume": 11748644, "typical_volume": 9624006.05, "trend": 20.9138, "fair_value": 33.782312, "relative_strength": 3.988736, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.597669, "energy": 20.082345, "activity_lines": [ 21.2573, 21.235222, 21.102756, 21.062835 ] }, { "date": "2025-05-16", "close": 23.273773, "volume": 27096878, "typical_volume": 10679496.1, "trend": 21.060172, "fair_value": 33.71495, "relative_strength": 9.540161, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.695459, "energy": 36.683729, "activity_lines": [ 21.9937, 21.596408, 21.334317, 21.215092 ] }, { "date": "2025-05-23", "close": 22.023651, "volume": 14046484, "typical_volume": 11174486.05, "trend": 21.134124, "fair_value": 33.594891, "relative_strength": 4.691086, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.185997, "energy": 38.41626, "activity_lines": [ 22.113503, 21.696204, 21.436308, 21.277252 ] }, { "date": "2025-05-30", "close": 22.570581, "volume": 12043579, "typical_volume": 11510543.5, "trend": 21.248728, "fair_value": 33.423423, "relative_strength": 8.760049, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.597228, "energy": 47.508179, "activity_lines": [ 22.397386, 21.888517, 21.576807, 21.369926 ] }, { "date": "2025-06-06", "close": 23.195642, "volume": 7148600, "typical_volume": 11665823.5, "trend": 21.336121, "fair_value": 33.231243, "relative_strength": 10.453679, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.220732, "energy": 53.843607, "activity_lines": [ 22.730101, 22.180094, 21.759582, 21.495534 ] }, { "date": "2025-06-13", "close": 24.24066, "volume": 16290331, "typical_volume": 12284109.3, "trend": 21.479488, "fair_value": 33.082155, "relative_strength": 16.222512, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.790956, "energy": 54.705313, "activity_lines": [ 23.267912, 22.625449, 22.025651, 21.682923 ] }, { "date": "2025-06-20", "close": 25.08132, "volume": 14592584, "typical_volume": 12942604.9, "trend": 21.608596, "fair_value": 32.978659, "relative_strength": 21.491066, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.905177, "energy": 63.674611, "activity_lines": [ 23.941399, 23.174286, 22.353273, 21.9153 ] }, { "date": "2025-06-27", "close": 24.527472, "volume": 13314850, "typical_volume": 13303926.8, "trend": 21.609366, "fair_value": 32.860118, "relative_strength": 14.453442, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.564511, "energy": 61.906824, "activity_lines": [ 24.309766, 23.535044, 22.608518, 22.103614 ] }, { "date": "2025-07-04", "close": 24.428572, "volume": 9129900, "typical_volume": 13522603.45, "trend": 21.667718, "fair_value": 32.750412, "relative_strength": 12.488616, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.31167, "energy": 58.987195, "activity_lines": [ 24.478245, 23.827323, 22.836793, 22.285498 ] }, { "date": "2025-07-11", "close": 24.982418, "volume": 6931900, "typical_volume": 13634329.85, "trend": 21.7556, "fair_value": 32.651107, "relative_strength": 12.907704, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.452337, "energy": 61.026068, "activity_lines": [ 24.707473, 24.143015, 23.099806, 22.49935 ] }, { "date": "2025-07-18", "close": 24.497803, "volume": 7517900, "typical_volume": 12859566.6, "trend": 21.855652, "fair_value": 32.498604, "relative_strength": 8.301373, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.033455, "energy": 58.574096, "activity_lines": [ 24.656044, 24.299041, 23.298111, 22.676266 ] }, { "date": "2025-07-25", "close": 24.794506, "volume": 8833564, "typical_volume": 12806224.55, "trend": 21.979918, "fair_value": 32.341868, "relative_strength": 7.004806, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.373681, "energy": 55.546548, "activity_lines": [ 24.686374, 24.464917, 23.508567, 22.86587 ] }, { "date": "2025-08-01", "close": 25.21978, "volume": 8961000, "typical_volume": 12924682.55, "trend": 22.181517, "fair_value": 32.203761, "relative_strength": 10.443422, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.311764, "energy": 57.35205, "activity_lines": [ 24.877583, 24.680466, 23.743354, 23.074893 ] }, { "date": "2025-08-08", "close": 25.724176, "volume": 8851100, "typical_volume": 13058590.15, "trend": 22.407417, "fair_value": 32.023204, "relative_strength": 11.079398, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.637871, "energy": 57.786204, "activity_lines": [ 25.190769, 24.929611, 24.009146, 23.303452 ] }, { "date": "2025-08-15", "close": 25.21978, "volume": 6587828, "typical_volume": 13104426.75, "trend": 22.588506, "fair_value": 31.845966, "relative_strength": 4.098181, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.78316, "energy": 54.532555, "activity_lines": [ 25.249451, 25.029711, 24.208115, 23.484895 ] }, { "date": "2025-08-22", "close": 25.368132, "volume": 7534000, "typical_volume": 13194976.45, "trend": 22.755658, "fair_value": 31.639719, "relative_strength": 0.069252, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.42576, "energy": 55.54287, "activity_lines": [ 25.341758, 25.11998, 24.402087, 23.664225 ] }, { "date": "2025-08-29", "close": 23.637362, "volume": 13325451, "typical_volume": 13223099.1, "trend": 22.844934, "fair_value": 31.426606, "relative_strength": -10.51564, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.278508, "energy": 30.582863, "activity_lines": [ 24.799121, 24.875065, 24.412925, 23.721109 ] }, { "date": "2025-09-05", "close": 23.518682, "volume": 7944481, "typical_volume": 12023257.2, "trend": 22.93416, "fair_value": 31.178306, "relative_strength": -10.038907, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.929264, "energy": 17.63892, "activity_lines": [ 24.294066, 24.634825, 24.396452, 23.764577 ] }, { "date": "2025-09-12", "close": 23.657143, "volume": 4799941, "typical_volume": 10788502.8, "trend": 23.034513, "fair_value": 30.932323, "relative_strength": -11.712707, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.940375, "energy": 20.041116, "activity_lines": [ 23.948572, 24.438102, 24.384744, 23.811221 ] }, { "date": "2025-09-19", "close": 23.409891, "volume": 6017808, "typical_volume": 10635841.15, "trend": 23.111974, "fair_value": 30.697858, "relative_strength": -13.389636, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.796897, "energy": 20.310509, "activity_lines": [ 23.658462, 24.21045, 24.33292, 23.835439 ] }, { "date": "2025-09-26", "close": 23.983517, "volume": 10220100, "typical_volume": 10559413.95, "trend": 23.207579, "fair_value": 30.470347, "relative_strength": -12.045667, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.717843, "energy": 17.482068, "activity_lines": [ 23.68022, 24.115685, 24.324474, 23.891668 ] }, { "date": "2025-10-03", "close": 23.835165, "volume": 1711590, "typical_volume": 9290149.55, "trend": 23.288798, "fair_value": 30.240276, "relative_strength": -14.480737, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.590674, "energy": 13.273077, "activity_lines": [ 23.744836, 24.003297, 24.2928, 23.932157 ] }, { "date": "2025-10-10", "close": 23.805494, "volume": 2236400, "typical_volume": 8699645.35, "trend": 23.36089, "fair_value": 30.044918, "relative_strength": -13.398956, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.356821, "energy": 11.192753, "activity_lines": [ 23.786374, 23.902957, 24.255627, 23.965492 ] }, { "date": "2025-10-17", "close": 23.538462, "volume": 5172600, "typical_volume": 8356096.4, "trend": 23.419522, "fair_value": 29.890945, "relative_strength": -9.899659, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.102537, "energy": 7.711598, "activity_lines": [ 23.71978, 23.77978, 24.184537, 23.976949 ] }, { "date": "2025-10-24", "close": 25.991209, "volume": 32228878, "typical_volume": 9610110.3, "trend": 23.57912, "fair_value": 29.772339, "relative_strength": -5.085312, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.346193, "energy": 26.338375, "activity_lines": [ 24.478681, 24.142298, 24.342433, 24.142864 ] }, { "date": "2025-10-31", "close": 26.831867, "volume": 26850000, "typical_volume": 10138093.75, "trend": 23.755997, "fair_value": 29.649, "relative_strength": -2.826853, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 71.505393, "energy": 54.944564, "activity_lines": [ 25.345714, 24.643636, 24.56708, 24.352718 ] }, { "date": "2025-11-07", "close": 27.138462, "volume": 13251112, "typical_volume": 10071020.15, "trend": 23.984765, "fair_value": 29.53691, "relative_strength": -2.071546, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.707292, "energy": 72.859233, "activity_lines": [ 26.125055, 25.174106, 24.808587, 24.570942 ] }, { "date": "2025-11-14", "close": 28.196703, "volume": 20657229, "typical_volume": 10438139.1, "trend": 24.199649, "fair_value": 29.377039, "relative_strength": 2.928054, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.150421, "energy": 82.417472, "activity_lines": [ 27.036923, 25.833327, 25.141083, 24.84268 ] }, { "date": "2025-11-21", "close": 26.406593, "volume": 16643359, "typical_volume": 10813812.05, "trend": 24.407276, "fair_value": 29.199465, "relative_strength": 1.535593, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.936101, "energy": 71.843763, "activity_lines": [ 27.05934, 26.082018, 25.28562, 24.985063 ] }, { "date": "2025-11-28", "close": 27.370001, "volume": 9054047, "typical_volume": 10919919.4, "trend": 24.618043, "fair_value": 29.046694, "relative_strength": 1.814865, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.134568, "energy": 70.694835, "activity_lines": [ 27.211685, 26.455884, 25.512491, 25.176207 ] }, { "date": "2025-12-05", "close": 26.459999, "volume": 6858180, "typical_volume": 10886933.4, "trend": 24.764294, "fair_value": 28.898271, "relative_strength": -2.714671, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.406561, "energy": 44.838237, "activity_lines": [ 26.968776, 26.592294, 25.641325, 25.295043 ] }, { "date": "2025-12-12", "close": 25.379999, "volume": 5139898, "typical_volume": 10702250.1, "trend": 24.834501, "fair_value": 28.748376, "relative_strength": -7.316436, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.578943, "energy": 24.786349, "activity_lines": [ 26.390659, 26.487312, 25.657959, 25.334766 ] }, { "date": "2025-12-19", "close": 26.280001, "volume": 4900100, "typical_volume": 10499205.1, "trend": 24.97638, "fair_value": 28.616468, "relative_strength": -3.149856, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.918655, "energy": 20.884096, "activity_lines": [ 26.229773, 26.51788, 25.757519, 25.428024 ] }, { "date": "2025-12-26", "close": 26.459999, "volume": 6916537, "typical_volume": 10402476.95, "trend": 25.106027, "fair_value": 28.451814, "relative_strength": -5.782821, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.790038, "energy": 18.187024, "activity_lines": [ 26.256666, 26.536184, 25.869173, 25.523741 ] }, { "date": "2026-01-02", "close": 26.24, "volume": 2853400, "typical_volume": 10215755.55, "trend": 25.207506, "fair_value": 28.304496, "relative_strength": -6.023953, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.318905, "energy": 17.33837, "activity_lines": [ 26.206666, 26.461368, 25.956371, 25.596901 ] }, { "date": "2026-01-09", "close": 26.700001, "volume": 8288160, "typical_volume": 10253463.55, "trend": 25.289484, "fair_value": 28.193129, "relative_strength": -8.369872, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.371935, "energy": 20.543589, "activity_lines": [ 26.385334, 26.465666, 26.08252, 25.693191 ] }, { "date": "2026-01-16", "close": 29.98, "volume": 30217728, "typical_volume": 11098077.4, "trend": 25.452773, "fair_value": 28.088773, "relative_strength": 1.583283, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 73.850661, "energy": 51.125532, "activity_lines": [ 27.641334, 27.068725, 26.514708, 25.995805 ] }, { "date": "2026-01-23", "close": 30.620001, "volume": 21950940, "typical_volume": 11798400.35, "trend": 25.655857, "fair_value": 27.983308, "relative_strength": 2.475972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.781445, "energy": 74.531141, "activity_lines": [ 28.804, 27.736484, 26.977645, 26.329174 ] }, { "date": "2026-01-30", "close": 30.92, "volume": 14167589, "typical_volume": 12266782.75, "trend": 25.872238, "fair_value": 27.857665, "relative_strength": 5.072628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.430062, "energy": 82.553466, "activity_lines": [ 29.777334, 28.414727, 27.435338, 26.668796 ] }, { "date": "2026-02-06", "close": 31.219999, "volume": 12739471, "typical_volume": 12602865.9, "trend": 26.080158, "fair_value": 27.705855, "relative_strength": 8.099071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.088764, "energy": 83.926792, "activity_lines": [ 30.553333, 29.065455, 27.887017, 27.013813 ] }, { "date": "2026-02-13", "close": 32.689999, "volume": 13752261, "typical_volume": 12779473.95, "trend": 26.353231, "fair_value": 27.552448, "relative_strength": 11.226328, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.0682, "energy": 87.84749, "activity_lines": [ 31.487333, 29.913454, 28.441505, 27.440254 ] }, { "date": "2026-02-27", "close": 32.919998, "volume": 10657833, "typical_volume": 13226786.1, "trend": 26.62408, "fair_value": 27.387458, "relative_strength": 8.603964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.792743, "energy": 87.281477, "activity_lines": [ 32.098666, 30.689999, 28.976439, 27.863917 ] }, { "date": "2026-03-06", "close": 33.099998, "volume": 11815700, "typical_volume": 13705751.1, "trend": 26.886754, "fair_value": 27.257342, "relative_strength": 11.328487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.985167, "energy": 80.672618, "activity_lines": [ 32.573998, 31.362181, 29.485254, 28.281718 ] }, { "date": "2026-03-13", "close": 32.5, "volume": 8497464, "typical_volume": 13871994.3, "trend": 27.112615, "fair_value": 27.120745, "relative_strength": 8.182714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.842685, "energy": 64.506003, "activity_lines": [ 32.683999, 31.801272, 29.892667, 28.643863 ] }, { "date": "2026-03-20", "close": 30.969999, "volume": 7047603, "typical_volume": 12612930.55, "trend": 27.304289, "fair_value": 26.97985, "relative_strength": 5.918283, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.899165, "energy": 51.420019, "activity_lines": [ 32.178666, 31.852363, 30.111691, 28.892726 ] }, { "date": "2026-03-27", "close": 31.6, "volume": 8293600, "typical_volume": 11685110.55, "trend": 27.512018, "fair_value": 26.858806, "relative_strength": 8.647842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.094552, "energy": 38.655493, "activity_lines": [ 31.899999, 31.931999, 30.367007, 29.169869 ] }, { "date": "2026-04-03", "close": 30.01, "volume": 5362366, "typical_volume": 11290673.25, "trend": 27.724439, "fair_value": 26.747754, "relative_strength": 6.089796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.418693, "energy": 25.40389, "activity_lines": [ 31.164, 31.633454, 30.44819, 29.331029 ] }, { "date": "2026-04-10", "close": 34.130001, "volume": 8073721, "typical_volume": 10661497.85, "trend": 28.07815, "fair_value": 26.675091, "relative_strength": 12.274556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.570356, "energy": 32.409965, "activity_lines": [ 31.995334, 32.083454, 30.908079, 29.744291 ] }, { "date": "2026-04-17", "close": 33.880001, "volume": 10535600, "typical_volume": 10356109.9, "trend": 28.418912, "fair_value": 26.588367, "relative_strength": 6.932304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.719253, "energy": 39.064924, "activity_lines": [ 32.674667, 32.424182, 31.315905, 30.118604 ] }, { "date": "2026-04-24", "close": 31.342213, "volume": 9461301, "typical_volume": 10376472.6, "trend": 28.683323, "fair_value": 26.492204, "relative_strength": -1.328756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.179201, "energy": 33.215935, "activity_lines": [ 32.416071, 32.249675, 31.446449, 30.307204 ] }, { "date": "2026-05-01", "close": 29.928352, "volume": 6925923, "typical_volume": 10379859.75, "trend": 28.881484, "fair_value": 26.389492, "relative_strength": -6.777711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.224868, "energy": 24.071313, "activity_lines": [ 31.661374, 31.815881, 31.423424, 30.387529 ] }, { "date": "2026-05-08", "close": 30.788532, "volume": 6788500, "typical_volume": 10462289.85, "trend": 29.113263, "fair_value": 26.330268, "relative_strength": -6.785056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.687868, "energy": 15.17824, "activity_lines": [ 31.304847, 31.588695, 31.465805, 30.510564 ] }, { "date": "2026-05-15", "close": 30.185419, "volume": 8402411, "typical_volume": 10637405.4, "trend": 29.325927, "fair_value": 26.277899, "relative_strength": -8.397681, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.536639, "energy": 14.147785, "activity_lines": [ 30.69538, 31.290605, 31.424992, 30.579735 ] }, { "date": "2026-05-22", "close": 29.641624, "volume": 9599083, "typical_volume": 10771532.7, "trend": 29.529366, "fair_value": 26.227374, "relative_strength": -9.939519, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.757804, "energy": 14.737697, "activity_lines": [ 30.167621, 30.946637, 31.313792, 30.600103 ] }, { "date": "2026-05-29", "close": 29.483431, "volume": 9576579, "typical_volume": 11107691.65, "trend": 29.645773, "fair_value": 26.15607, "relative_strength": -10.062658, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.404506, "energy": 13.3702, "activity_lines": [ 29.869688, 30.625876, 31.172376, 30.597139 ] }, { "date": "2026-06-05", "close": 26.38876, "volume": 2054800, "typical_volume": 10796023.65, "trend": 29.631003, "fair_value": 26.087334, "relative_strength": -17.739429, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.902389, "energy": 46.525923, "activity_lines": [ 28.664118, 29.769477, 30.720783, 30.38701 ] }, { "date": "2026-06-12", "close": 26.51729, "volume": 986000, "typical_volume": 9334437.25, "trend": 29.610297, "fair_value": 26.021715, "relative_strength": -15.003644, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.164387, "energy": 56.132232, "activity_lines": [ 27.737363, 29.031196, 30.282914, 30.186125 ] }, { "date": "2026-06-19", "close": 27.367584, "volume": 5527900, "typical_volume": 8513285.25, "trend": 29.58266, "fair_value": 25.956599, "relative_strength": -17.595879, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.311206, "energy": 56.319824, "activity_lines": [ 27.37879, 28.511018, 29.942514, 30.041434 ] }, { "date": "2026-06-26", "close": 25.040001, "volume": 1538700, "typical_volume": 7881840.8, "trend": 29.537107, "fair_value": 25.883501, "relative_strength": -22.757367, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.121505, "energy": 68.116515, "activity_lines": [ 26.432211, 27.690596, 29.395928, 29.748359 ] }, { "date": "2026-07-03", "close": 28.6, "volume": 1629100, "typical_volume": 7326322.25, "trend": 29.578107, "fair_value": 25.832922, "relative_strength": -10.285931, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.638064, "energy": 45.561165, "activity_lines": [ 26.979073, 27.678174, 29.216389, 29.6879 ] }, { "date": "2026-07-10", "close": 26.9, "volume": 5283364, "typical_volume": 6902877.4, "trend": 29.592773, "fair_value": 25.782124, "relative_strength": -12.085432, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.378816, "energy": 41.956673, "activity_lines": [ 27.018164, 27.40652, 28.887421, 29.515119 ] }, { "date": "2026-07-17", "close": 27.0, "volume": 8072200, "typical_volume": 6773595.75, "trend": 29.646773, "fair_value": 25.72334, "relative_strength": -2.797092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.08801, "energy": 38.069864, "activity_lines": [ 27.056506, 27.208108, 28.595549, 29.347844 ] }, { "date": "2026-07-24", "close": 26.33, "volume": 6850000, "typical_volume": 6525310.75, "trend": 29.64844, "fair_value": 25.658933, "relative_strength": -5.376557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.478086, "energy": 35.120432, "activity_lines": [ 26.839333, 26.956761, 28.268057, 29.133858 ] }, { "date": "2026-07-31", "close": 27.0, "volume": 4517500, "typical_volume": 6326312.55, "trend": 29.66644, "fair_value": 25.602623, "relative_strength": -1.352345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.545388, "energy": 31.068989, "activity_lines": [ 26.914667, 26.89733, 28.036614, 28.962991 ] }, { "date": "2026-08-07", "close": 27.41, "volume": 4616900, "typical_volume": 6204777.4, "trend": 29.70544, "fair_value": 25.527642, "relative_strength": -4.632278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.543042, "energy": 27.796597, "activity_lines": [ 26.996, 26.960474, 27.870408, 28.817414 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }